Documents indicate decade-long SPAWAR bribery spree

Despite all this, the Alexanders are broke. They filed for bankruptcy – their fourth, the prosecutor said – and have had their home foreclosed.

Pappas set bond for them at $50,000 and for Williams and Ramos and Nares at $30,000.

After government investigators served search warrants on her home and those of others in March 2008, Banks agreed to cooperate and pleaded guilty, according to court records. Prosecutors said in that case that what she told them over several debriefing sessions mostly confirmed what they already knew about the scheme.

But Ciaffa wrote that her information was “significant and useful because it provided the link (the 'quid pro quo') between the contracts and the money.”

Banks' lawyer wrote that his client was depressed and regretted what she called “a stupid mistake.” In the end, after paying Alexander his kickback, her employees and other costs, Banks “personally made no money” on the scheme, the lawyer wrote.